Characterizations of bargaining solutions in production economies with unequal skills.
In production economies with unequal skills, this paper characterizes bargaining solutions by using axioms on allocation rules rather than axioms on classical bargaining solutions. We introduce a new axiom, consistency w.r.t. technological innovations, so that the non-welfaristic characterizations o...
| Published in: | Journal of Economic Theory Vol. 108; no. 2; pp. 256 - 286 |
|---|---|
| Main Author: | |
| Format: | Article |
| Published: |
Academic Press Inc.
February 2003
|
| Subjects: | |
| Online Access: | View this record in EBSCOhost |